Word: marubeni
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Dates: during 1970-1979
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...relatively minor offense carrying a prison sentence of up to three years and fines of up to $1,000. But the case will revolve around allegations that Tanaka received $1.7 million in illicit Lockheed money on four occasions in 1973-74 from Hiro Hiyama, then head of the Marubeni Corp., which was Lockheed's sales agent in Japan...
Crowds of howling marchers descended last week on the Tokyo headquarters of the giant Marubeni Corp. (1975 sales: $19 billion). Millions of dollars worth of contracts with local governments were canceled because of public outrage. The children of Marubeni's 8,000 employees have been jeered by schoolmates because their fathers work for "the bad, bad company...
...demoralizing form of social ostracism suffered by Marubeni employees and their families is part of what one Tokyo newspaper calls the "peanuts elegy." Marubeni was the company accused of handing out the "peanuts"-local slang for bribery packets-in Japan's Lockheed scandal (TIME, Feb. 16). Anybody connected with the disgraced corporation is subject to a kind of shame by association...
...furor over Marubeni's role in the Lockheed scandal has intensified, the social status of its employees has plummeted. Many workers complain that their families are being shunned or ridiculed because they work for Marubeni. One employee said that his child was nicknamed "Lockheed" by his schoolmates; another complained that his son's teacher displayed a picture of a Marubeni executive in the classroom, labeling it "dangerous villain." Some wives of Marubeni workers have taken to shopping at night to avoid the cold stares of neighbors. Perhaps most insulting of all, Tokyo's Crown Record Company...
Other teams of probers hit the offices of Marubeni Corp. headquarters, Lockheed's agent in Japan, and the private homes of individuals who might have been involved in payoffs. Police officials say that it will take at least a week to sift the documents taken. Unofficially, tax authorities say they have uncovered enough evidence to charge Kodama with tax evasion in 1972. That is the year in which Lockheed allegedly paid him $3.9 million, though he reported an income of only...